A World without Oil: Companies Prepare for a Fossil-Free Future

Der Spiegel ^ | 04/02/2012 | DIETMAR HAWRANEK, ALEXANDER JUNG, ALEXANDER SMOLTCZYK AND FLORIAN ZERFASS

[Olog-hai]

Drivers may hate rising gas prices, but some companies are delighted as they watch the oil price soar. Firms like BMW and Airbus, which are leaders in fuel efficiency. actually benefit from expensive oil. They are just two of a growing number of companies that are already developing technologies for a post-fossil-fuel world. …

A few cents more and a liter of super unleaded gasoline will cost German drivers €1.80 (around $9 a gallon). That means that someone driving a BMW 3 Series will have to pay over €110 ($150) to fill up the tank, with its 63 liter (17 gallon) capacity.

But Norbert Reithofer, the CEO of BMW, seems surprisingly relaxed for an executive whose company's products depend on gasoline and diesel. … The Munich-based automaker has invested billions of euros in fuel-saving technologies, such as efficient engines, brake energy recovery and ultra-lightweight carbon fiber car bodies. …

Airbus CEO Tom Enders uses a similar argument. He ought to be upset about high kerosene prices. They have sharply affected his customers, the airlines, whose profits are shrinking and who are investing less money in buying new planes as a result. Nevertheless, Airbus has never had as many orders on its books as it does today. …

… (I)n most countries of the world, especially the emerging countries, economic growth and energy consumption still go hand in hand. A global change of course is overdue, according to the German Advisory Council on Global Change. "The carbon-based world economic model," say the scientists on the council, constitutes "a normatively unsustainable situation" and is as morally reprehensible as slavery or child labor. …

[Sequoyah101]

I quite agree, scare tactics and / or pandering to the market place that they think responds to this trollop. Kids have been brainwashed. I wonder if they will ever wake up.

I wonder though, who will be found to still be selling buggy whips?

[Ruy Dias de Bivar]

***Everyone who buys into the Left’s energy scare and lies and invests in non-existent alternative energy, goes bankrupt.***

Mitsubishi built a factory in Ft Smith Arkansas to build wind turbines. They tonight said they will not start up the plant as no one wants their product.

Other interesting news, a certain natural gas drilling company gave the SIERRA CLUB $25 MILLION DOLLARS to lobby AGAINST COAL FIRED PLANTS. This was in today’s ARKANSAS LIVING magazine (An official publication of Arkansas Electric Co-operatives, Inc) which came today.

[Ruy Dias de Bivar]

****Other interesting news, a certain natural gas drilling company gave the SIERRA CLUB $25 MILLION DOLLARS to lobby AGAINST COAL FIRED PLANTS. This was in today’s ARKANSAS LIVING magazine (An official publication of Arkansas Electric Co-operatives, Inc) which came today.*****

HERE is the link to the above.
http://onlinedigitalpubs.com/publication/?i=105175

A QUESTION OF INTEGRITY by Carmie Henry

[Huskrrrr]

Righteous!

[alloysteel]

Gosh, you are so smart and wise. Would that I could find the eloquence and suave wit you display.

I bow my head in awe of your considered wisdom and and sage observations.

Now get outta here.

[Sequoyah101]

I’ll be here long after you are gone pal. Give your orders to someone you can get respect from. I won’t wait for a reply or a report.